Georges Doriot, the purported father of the venture capital industry, firmly believed that there was no shortage of good ideas out there, but rather a shortage of individuals capable of carrying them out.

My own conversations with modern-day venture capitalists confirms that one of biggest challenges for VC firms continues to be predicting the capacity of the entrepreneur to successfully startup and manage the business.

Startable blog has a great post, complete with advice, echoing these sentiments here: